D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$436M |
| 2 |
AbbVie
ABBV
|
+$407M |
| 3 |
Johnson & Johnson
JNJ
|
+$295M |
| 4 |
Gilead Sciences
GILD
|
+$267M |
| 5 |
Starbucks
SBUX
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$407M |
| 2 |
Booking.com
BKNG
|
+$400M |
| 3 |
Citigroup
C
|
+$314M |
| 4 |
SHPG
Shire pic
SHPG
|
+$276M |
| 5 |
PayPal
PYPL
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.47% |
| 2 | Consumer Discretionary | 13.31% |
| 3 | Healthcare | 13.17% |
| 4 | Financials | 7.14% |
| 5 | Industrials | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LBAI
2851
DELISTED
Lakeland Bancorp Inc
LBAI
| $606K | ﹤0.01% |
40,604
+227
| +0.6% | +$3.6K |
|
2852
Comtech Telecommunications
CMTL
$52.1M
| $605K | ﹤0.01% |
26,072
+14,089
| +118% | +$349K |
|
2853
CALL
Ligand Pharmaceuticals
LGND
$5.95B
| $603K | ﹤0.01% |
7,694
-11,061
| -59% | -$838K |
|
|
MRSN
2854
DELISTED
Mersana Therapeutics
MRSN
| $603K | ﹤0.01% |
+4,584
| New | +$577K |
|
|
FLIC
2855
DELISTED
First of Long Island Corp
FLIC
| $601K | ﹤0.01% |
27,438
+15,017
| +121% | +$328K |
|
2856
PUT
Winnebago Industries
WGO
$875M
| $601K | ﹤0.01% |
19,300
-90,000
| -82% | -$2.7M |
|
2857
CALL
Cleveland-Cliffs
CLF
$6.65B
| $599K | ﹤0.01% |
60,000
-334,500
| -85% | -$3.35M |
|
2858
First Financial Bankshares
FFIN
$4.97B
| $597K | ﹤0.01% |
+20,666
| New | +$631K |
|
2859
PUT
DexCom
DXCM
$28.4B
| $596K | ﹤0.01% |
20,000
| – | – |
|
2860
J&J Snack Foods
JJSF
$1.45B
| $596K | ﹤0.01% |
+3,752
| New | +$572K |
|
2861
Stewart Information Services
STC
$2.04B
| $595K | ﹤0.01% |
+13,935
| New | +$599K |
|
|
SFS
2862
DELISTED
Smart & Final Stores, Inc.
SFS
| $595K | ﹤0.01% |
120,470
-97,788
| -45% | -$592K |
|
2863
Nexa Resources
NEXA
$1.68B
| $593K | ﹤0.01% |
47,629
+8,552
| +22% | +$90.9K |
|
2864
Knight Transportation
KNX
$11.3B
| $592K | ﹤0.01% |
+18,112
| New | +$576K |
|
2865
Powell Industries
POWL
$7.82B
| $592K | ﹤0.01% |
66,882
-17,139
| -20% | -$169K |
|
|
WIRE
2866
DELISTED
Encore Wire Corp
WIRE
| $590K | ﹤0.01% |
10,313
-16,394
| -61% | -$910K |
|
2867
Astec Industries
ASTE
$1.28B
| $588K | ﹤0.01% |
+15,570
| New | +$582K |
|
2868
PUT
Clearwater Paper
CLW
$277M
| $586K | ﹤0.01% |
+30,100
| New | +$866K |
|
2869
CALL
New Oriental
EDU
$7.91B
| $586K | ﹤0.01% |
6,500
| – | – |
|
|
WBK
2870
DELISTED
Westpac Banking Corporation
WBK
| $586K | ﹤0.01% |
31,696
-207,334
| -87% | -$3.87M |
|
2871
PUT
Tapestry
TPR
$29.2B
| $585K | ﹤0.01% |
+18,000
| New | +$631K |
|
|
WLH
2872
DELISTED
WILLIAM LYON HOMES
WLH
| $583K | ﹤0.01% |
37,927
-53,064
| -58% | -$732K |
|
2873
LSI Industries
LYTS
$838M
| $582K | ﹤0.01% |
221,121
-47,633
| -18% | -$153K |
|
2874
CALL
Shenandoah Telecom
SHEN
$631M
| $581K | ﹤0.01% |
13,100
+5,800
| +79% | +$272K |
|
2875
Alcoa
AA
$11.6B
| $578K | ﹤0.01% |
20,539
-1,098,275
| -98% | -$31.4M |
|
Similar funds
D.E. Shaw & Co's Q1 2019 Portfolio in Review
As of Q1 2019, D.E. Shaw & Co held 4,169 positions worth $77.4B, up 6.6% from $72.6B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
D.E. Shaw & Co withdrew a net $6.74B in Q1 2019, closing 617 positions and reducing 1,599 holdings. Its most notable exit was Shire pic, an estimated $276M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Lyft worth $159M.
- D.E. Shaw & Co's largest Q1 2019 buy was Lyft: 2,245,851 shares worth $159M.
- D.E. Shaw & Co added most to Pfizer in Q1 2019, an estimated $436M increase.
- D.E. Shaw & Co's biggest Q1 2019 reduction was Bristol-Myers Squibb, cutting an estimated $407M.
- D.E. Shaw & Co fully exited Shire pic in Q1 2019, selling an estimated $276M.
- D.E. Shaw & Co's ten largest holdings make up 9% of its $77.4B portfolio in Q1 2019.
- D.E. Shaw & Co opened 447 new positions and closed 617 in Q1 2019.
- D.E. Shaw & Co's portfolio value rose 6.6% quarter-over-quarter to $77.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2019, filed 15 May 2019.